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Metalore Resources (TSXV:MET) Pretax Margin % : 40.50% (As of Dec. 2023)


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What is Metalore Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Metalore Resources's Pre-Tax Income for the three months ended in Dec. 2023 was C$0.05 Mil. Metalore Resources's Revenue for the three months ended in Dec. 2023 was C$0.12 Mil. Therefore, Metalore Resources's pretax margin for the quarter that ended in Dec. 2023 was 40.50%.

The historical rank and industry rank for Metalore Resources's Pretax Margin % or its related term are showing as below:

TSXV:MET' s Pretax Margin % Range Over the Past 10 Years
Min: -600   Med: 21.52   Max: 291.78
Current: -600


TSXV:MET's Pretax Margin % is ranked worse than
94.48% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs TSXV:MET: -600.00

Metalore Resources Pretax Margin % Historical Data

The historical data trend for Metalore Resources's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Metalore Resources Pretax Margin % Chart

Metalore Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.13 -136.85 105.94 291.78 -232.00

Metalore Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.55 -1,722.75 -82.14 -21.74 40.50

Competitive Comparison of Metalore Resources's Pretax Margin %

For the Oil & Gas E&P subindustry, Metalore Resources's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Metalore Resources's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Metalore Resources's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Metalore Resources's Pretax Margin % falls into.



Metalore Resources Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Metalore Resources's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-2.487/1.072
=-232.00 %

Metalore Resources's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0.049/0.121
=40.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Metalore Resources  (TSXV:MET) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Metalore Resources Pretax Margin % Related Terms

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Metalore Resources (TSXV:MET) Business Description

Traded in Other Exchanges
Address
124 Norfolk Street North, P.O. Box 422, Simcoe, ON, CAN, N3Y 3N8
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of revenue from the sale of natural gas.

Metalore Resources (TSXV:MET) Headlines